Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

v3.3.0.814
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2015
Jul. 31, 2015
Current assets:    
Cash and cash equivalents $ 30,642 $ 18,109
Accounts receivable, net of allowances 12,763 12,109
Other accounts receivable   6,650
Inventories 7,582 7,396
Prepaid expenses and other 1,780 2,222
Total current assets 52,767 46,486
Property, plant and equipment, net 8,132 7,948
Goodwill 7,452 7,452
Intangible assets, net 5,707 6,155
Other assets 338 353
Total assets 74,396 68,394
Current liabilities:    
Loan payable 3,013 3,013
Accounts payable – trade 9,450 8,762
Accrued liabilities 12,357 11,297
Other current liabilities 969 886
Total current liabilities 25,789 23,958
Deferred taxes 37 37
Other liabilities 1,357 1,793
Total liabilities $ 27,183 $ 25,788
Commitments and contingencies
Stockholders’ equity:    
Preferred Stock, $.01 par value; authorized 25,000,000 shares; no shares issued or outstanding
Common Stock, $.01 par value; authorized 75,000,000 shares; shares issued and outstanding: 46,068,816 at October 31, 2015 and 46,062,065 at July 31, 2015 $ 461 $ 461
Additional paid-in capital 325,077 324,966
Accumulated deficit (280,248) (284,682)
Accumulated other comprehensive income 1,923 1,861
Total stockholders’ equity 47,213 42,606
Total liabilities and stockholders’ equity $ 74,396 $ 68,394